When is Demonetisation, a new initiative was taken by the Government of India? Option 1: November 2016. Option 2: November 2017. Option 3: December 2016. Option 4: December 2017.

The answer is 'November 2016.'. View full solution:

CUET Economics - When is Demonetisation, a new initiative was taken by the Government of India? | PYQs + Solutions

CUET Economics 2025 28 May Shift 2

Macro

Easy

November 2016.

November 2017.

December 2016.

December 2017.

✅ Correct Option: 1

Related questions:

13 May Shift 1

Match List-I with List-II

List-I	List-II
(A) Cash Reserve Ratio (CRR)	(I) Central Bank of the Country
(B) Statutory Liquidity Ratio (SLR).	(II) The interest rate at which the money lent by Central Bank
(C) Lender of last resort.	(III) Percentage of deposits which must kept as cash reserves with the Central bank.
(D) Repo Rate	(IV) Reserves in liquid form in the short term

Choose the correct answer from the options given below:

CUET Economics 2023 Slot 2

The Reserve Bank of India (RBI) recently imposed a monetary penalty on three banks -- Rs 1.50 lakhs on Dr. Ambedkar Nagarik Sahakari Bank Maryadit, Rs 25,000 on Nagarik Sahakari Bank Maryadit, and Rs 1 lakh on Ravi Commercial bank for violating the provisions of its regulations. The banking regulator has imposed a monetary penalty for contravention of non-compliance with the directions issued to Ravi Commercial bank on exposure norms and statutory and other restrictions & KYC.

Which function of central Bank is refered to in the above paragraph.

28 May Shift 2

Given a cash reserve ratio of 50 per cent and reserves of Rs 100, what is the money multiplier?

CUET Economics 2025 28 May Shift 2 PYQs

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